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ZUPEE LAYOFFS
ET AI Conclave 2026; Apple's India payments playThe ET AI Conclave & Awards brought together over 250 founders, CXOs, policymakers and investors from leading Indian AI companies like Sarv...- Indian startups laid off over 4,500 employees since JulySince July, over 4,500 employees have been laid off across Indian startups as firms streamline teams, focus on profitability, and pivot tow...
- Zupee lays off 200 in second round of job cuts after real money gaming banOnline gaming startup Zupee has cut about 200 jobs in a fresh round of layoffs after India’s ban on real money gaming. The move follows ear...
- Meesho's Q3 losses balloon & other earningsEcommerce firm Meesho's losses widened despite strong revenue growth. This and more in today's ETtech Top 5.
- India AI Mission cohort 2.0; Tata's Apple windfallIndia AI Mission has selected eight more firms to build foundational AI models. This and more in today's ETtech Top 5.
- Ban-hit real money gaming companies fire 2,000 setting off a scramble for jobsNearly 2,000 employees at real money gaming (RMG) firms including MPL, Games24x7, Zupee, PokerBaazi, and Head Digital have lost jobs after ...
- Kavin Bharti Mittal’s Hike to shut operations amid govt’s real money gaming banHike, the 13-year-old startup founded by Kavin Bharti Mittal, is shutting down following the Indian government's ban on real money gaming. ...
- Zupee to lay off 170 employees, restructure ops amid new regulatory frameworkZupee has announced a layoff impacting 170 employees. This decision follows the enactment of the Online Gaming Act, 2025. The act bans real...
- BigBasket top brass churn; RMG ban pain manifestsHappy Tuesday! BigBasket CEO Hari Menon is expected to take a step back as part of a leadership transition. This and more in today's ETtech...
- Real-money gaming apps see sharp decline in downloads, begin layoffsThe Online Gaming Bill, 2025 triggered a collapse in real-money gaming apps, with downloads plunging 60–95% for MPL, Winzo, and Zupee. Drea...
- Real money gaming ban leaves 2,000+ workers searching for new jobsFollowing the recent ban on online money games in India, over 2,000 gaming professionals are seeking new opportunities. Real money gaming c...
- How layoffs reordered Indian startups this year, and other top tech stories this weekStartups laid off over 28,000 people just in the first three quarters of 2023. This alone was over 50% higher than 2022, when companies let...
- Deepfakes a ticking bomb for video KYCs; Indian startups cut 28,000 jobs in brutal 2023Nithin Kamath, the chief executive of Zerodha, one of India’s largest stockbrokers, took to social media to post a deepfake image of himsel...
- Online gaming companies to slow spends during cricket world cupA senior executive at one of the large online real money gaming platforms told ET that the company is planning to spend only a fourth of wh...
- Layoffs and shutdowns as GST chars real-money gaming companiesLarger firms, with real-money gaming as a part of their strategy, may acquire smaller ones.
- Tech earnings a mixed bag in Q3 & other big stories this weekMost of the listed tech companies have seen stock valuations halve as investors dumped them in favour of established businesses.
- MeitY ban on loan apps includes non-Chinese players too; Dell to lay off 6,650 employeesOn Sunday, the Indian government issued orders to block 138 betting and gambling apps and 94 loan providing apps due to foreign links on an...
- Angel tax: valuation rules under review; online gaming firms miffed with IAMAIThe Budget 2023-24, presented in Parliament last week, sparked fears of the government bringing foreign investors under the ambit of angel ...
- Tax sops top crypto, gaming firms’ budget demands; govt urged to mandate local storage of dataThe crypto industry meanwhile has asked the government to reduce the 1% TDS on crypto transactions, and review income tax provisions to all...
- Despite turbulence in sector, some startups still bullish on campus hiringThe Gurgaon-based startup has already made around 30 offers across IITs and 25 offers across Lady Shri Ram College (LSR), SRCC (Shri Ram Co...
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